What are the role of self help group?

Answer 1

A SHG is a group of about 10 to 20 people, usually women, from a similar class and region, who come together to form savings and credit organization. They pooled financial resources to make small interest bearing loans to their members. This process creates an ethic that focuses on savings first. The setting of terms and conditions and accounting of the loan are done in the group by designated members.

Answer 2

Self-help groups helps members to find solutions to their common problem or life situation. Members share their experiences and coping strategies with one another. Self-help groups also instill hope in the members and help members to recover and/or deal better with their situation.

Answer 3

Self-Help Groups (SHGs) are informal associations of people who choose to come together to find ways to improve their living conditions. It can be defined as self governed , peer controlled information group of people with similar socio-economic background and having a desire to collectively perform common purpose.

Answer 4

Self-help groups provide a platform for individuals facing similar challenges to come together, share experiences, provide emotional support, and learn coping strategies. These groups empower members to take control of their own well-being, build self-esteem, and develop a sense of community. They can also serve as a source of practical advice, resources, and guidance for tackling personal issues.